Basquiat Painting Sells for Record-Breaking $110 Million

Jean-Michel Basquiat made history this week after his 1982 Untitled painting sold for $110.5 million at a Sotheby’s postwar and contemporary auction on Thursday. The brash painting of a skull set a record sale for an American artist, ranking it as the sixth most expensive work ever sold at auction. According to the New York Times, only ten other works have ever broken the $100 million mark, placing Basquiat among the ranks of legends like Picasso, Francis Bacon, and Andy Warhol. The bid quickly soared passed the $60 million it was projected to raise and …READ THE ENTIRE ARTICLE & LEARN MORE HERE